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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pphe Hotel Group Limited | LSE:PPH | London | Ordinary Share | GG00B1Z5FH87 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-5.00 | -0.33% | 1,490.00 | 1,485.00 | 1,490.00 | 1,530.00 | 1,485.00 | 1,500.00 | 15,461 | 14:17:39 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Hotels And Motels | 419.01M | 22.42M | 0.5291 | 28.16 | 631.21M |
TIDMPPH
RNS Number : 0836W
PPHE Hotel Group Limited
30 July 2018
PPHE Hotel Group Limited
(the "Company")
Transfer to a Premium Listing
PPHE Hotel Group Limited, an international hospitality company which owns and develops hotels and resorts, operates the Park Plaza(R) brand in EMEA and owns the art'otel(R) brand, is pleased to announce the approval by the UK Listing Authority (the "UKLA") of the transfer of the listing category of all of its ordinary shares of nil par value from a standard listing (shares) to a premium listing (commercial company) on the Official List of the UKLA in accordance with Listing Rule 5.4A of the Listing Rules issued by the Financial Conduct Authority (the "Transfer"). The Transfer will take effect at 8.00 a.m. today.
finnCap Ltd acted as sponsor to the Company.
Enquiries:
PPHE Hotel Group Limited Tel: +31 20 717 Robert Henke, Executive Vice President of Corporate 8600 Affairs and Customer Experience Tel: +44 (0)20 7034 Lisa Woodman, Director of Corporate Communications 4800 finnCap Ltd (Sponsor, Financial Adviser and Joint Broker) Matt Goode / Emily Watts (Corporate Finance) Tel: + (0)20 7220 Andrew Burdis (Corporate Broking) 0500 Berenberg (Joint Broker) Tel: +(0)20 3207 Ben Wright / Mark Whitmore / James Brooks 7800 Hudson Sandler Financial Public Relations Tel: +44 (0)20 7796 Wendy Baker/ Sophie Lister 4133
Notes to editors
PPHE Hotel Group Limited is a Guernsey registered company and through its subsidiaries (the Group), jointly controlled entities and associates, owns, leases, operates, franchises and develops full-service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe.
The majority of the Group's hotels operate under the Park Plaza(R) or art'otel(R) brands. The Group has an exclusive licence from the Radisson Hotel Group, one of the world's largest hotel groups, to develop and operate Park Plaza(R) Hotels & Resorts in Europe, the Middle East and Africa.
The art'otel(R) brand is wholly owned by the Group.
The Group has a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, one of Croatia's best-known hospitality groups.
The Group's portfolio of owned, leased, managed and franchised hotels comprises 39 hotels in operation offering a total of approximately 9,000 rooms. The Group's development pipeline includes two new hotels which are expected to add an additional 500 rooms by the end of 2022.
Company websites:
www.pphe.com
www.arenahospitalitygroup.com
For reservations:
www.parkplaza.com
www.artotels.com
www.arenaturist.com
For images and logos visit www.vfmii.com/parkplaza
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
July 30, 2018 02:01 ET (06:01 GMT)
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